(Nominal) Retail Sales Awesome! (Real) Sales Awful! [Eurodollar University, Ep. 236]

Eurodollar University · May 24, 2022 · 18m

Retail sales - a temperature check on the American consumer - were absolutely fabulous in April 2022; glory, hallelujah! So then why are three different, independent surveys of the US consumer reporting results that range from "bad" to "miserable"? Because there has been NO REAL growth, only nominal.

----EP. 236 REFERENCES----

Shipping Around Retail ‘Inflation’: https://bit.ly/3PyeXaA

Alhambra Investments Blog: https://bit.ly/3wh01G2

RealClear Markets Essays: https://bit.ly/38tL5a7

Epoch Times Columns: https://bit.ly/39ESkRf

-------THE EPISODES-------

YouTube: https://bit.ly/310yisL

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